Stocks · Consumer Defensive · Tobacco

Altria Group, Inc. MO

$67.35 +0.60% Close, Oct 2, 2026 · NYSE · Market cap $112.46B

Low risk

Next earnings report: Oct 29, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Revenue over the last four quarters was $21.87B, up 7.9% from a year earlier, accelerating from 4.0% a quarter earlier.
  2. Diluted EPS over the last four quarters was $4.74, down 8.3% year over year.
  3. Operating margin narrowed to 55.9% from 58.9% a year earlier.

PromtFinance scores

Each score is a percentile within the Consumer Defensive sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth52Neutral

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 28%
  • EPS growth (TTM, YoY)Bottom 42%
  • FCF growth (TTM, YoY)Bottom 39%
  • Revenue growth, 3-year CAGRBottom 28%
  • Revenue growth accelerationTop 14%
Quality78Positive

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 1%
  • Gross marginTop 7%
  • Operating marginTop 1%
  • Cash conversion (OCF / net income)Bottom 15%
  • Accruals (lower is better)Bottom 17%
  • Net debt / EBITDA (lower is better)Top 49%
  • Interest coverTop 37%
Value54Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 16%
  • Free-cash-flow yieldTop 40%
  • EBITDA / enterprise valueTop 43%
  • Sales / enterprise valueBottom 4%
  • P/E vs own 5-year history (lower is better)Bottom 46%
Momentum73Positive

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 37%
  • 6-month returnTop 33%
  • 1-year return vs S&P 500Top 37%
  • Distance from 52-week highTop 15%
  • Trend checklist (0–4)Top 44%
Revisions12Very weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 25%
  • Consecutive EPS beatsBottom 15%
  • Share of analysts rating BuyTop 31%
  • Upside to consensus price targetBottom 12%
Stability93Exceptional

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 32%
  • Maximum drawdown, 3 yearsTop 3%
  • Beta vs S&P 500 (lower is better)Top 2%
  • Net debt / EBITDA (lower is better)Top 49%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)4.0%7.9%↑
EPS growth (YoY)-19.9%-8.3%↑
Gross margin71.6%71.0%↓
Operating margin58.9%55.9%↓
FCF margin43.1%38.0%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)7.9%4.0%↑Top 28%
EPS growth (TTM, YoY)-8.3%-19.9%↑Bottom 42%
Gross margin71.0%71.6%↓Top 7%
Operating margin55.9%58.9%↓Top 1%
Net margin36.5%43.4%↓—
Free-cash-flow margin38.0%43.1%↓—
Return on invested capital36.7%—Top 1%
Revenue growth, 3-year CAGR-0.9%—Bottom 28%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
1.08×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-2.0%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.0%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+19.0 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
1.89×
Interest cover (operating income / interest)How many times operating profit covers interest.
10.3×

Shareholder returns

Dividend yield (dividends paid, TTM)
6.07%
Net buyback yield (TTM)
0.80%
Shareholder yield
6.87%
Share count change, 1 year
-0.7%
Share count change, 3-year CAGR
-2.1%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
0
Beats in the last 8 reports
6 of 8
Average EPS surprise, last 4
+1.1%
Average 2-day reaction, last 8
-0.7%
Positive 20 days after report
6 of 8

Analysts

Consensus price target
$69.71
Target vs current price
+3.5%
Analysts with a rating
26
Share rating Buy or Strong Buy
62%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 30, 2026-1.3%-9.3%-8.6%-7.7%—
Apr 30, 2026+6.5%+6.5%+2.9%+5.5%+6.9%
Jan 29, 2026-1.5%-5.3%+3.2%+10.0%+5.9%
Oct 30, 2025+0.7%-7.8%-7.8%-5.3%+2.7%
Jul 30, 2025+3.6%+3.6%+5.3%+11.9%+8.5%
Apr 29, 2025+3.4%+1.0%+2.9%+2.5%+2.4%
Jan 30, 2025+0.8%-2.1%-0.2%+4.6%+10.6%
Oct 31, 2024+2.2%+7.8%+7.5%+14.2%+4.3%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 30, 2026$1.48$1.50-1.3%$5.36B
Apr 30, 2026$1.32$1.24+6.5%$5.36B
Jan 29, 2026$1.30$1.32-1.5%$5.08B
Oct 30, 2025$1.45$1.44+0.7%$5.25B
Jul 30, 2025$1.44$1.39+3.6%$5.29B
Apr 29, 2025$1.23$1.19+3.4%$4.52B
Jan 30, 2025$1.29$1.28+0.8%$5.11B
Oct 31, 2024$1.38$1.35+2.2%$5.34B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)14.2×14.3×48thTop 16%
P/E (forward)11.9×———
EV / EBITDA11.5×——Top 43%
EV / Sales6.16×——Bottom 4%
Free-cash-flow yield7.38%——Top 40%
Earnings yield7.04%——Top 16%

P/E over the past five years

Range 8.0× – 45.4× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+1.6%
Earnings per share growth (TTM)
-8.3%
Change in P/E multiple
+20.4%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-2.1%
200-day average slope (20 days)
+1.6%
Distance from 50-day average
-1.6%
Distance from 200-day average
-0.0%
RSI (14)
42.1
Relative volume
0.85×

Risk and drawdowns

Volatility, 60 days (annualized)
30.2%
Volatility vs own 5-year history
92th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
-0.19
Correlation with S&P 500
-0.12
Current drawdown from 1-year high
-10.1%
Maximum drawdown, 3 years
-19.1%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
May 6, 2022Oct 26, 2023-30.6%370 days271 days (Nov 22, 2024)
Aug 21, 2025Jan 7, 2026-19.1%95 days29 days (Feb 19, 2026)
Mar 26, 2021Nov 30, 2021-18.8%172 days63 days (Mar 2, 2022)
Jul 29, 2026Aug 17, 2026-14.6%13 daysNot yet recovered
Nov 29, 2024Jan 22, 2025-12.0%34 days31 days (Mar 7, 2025)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$112.46B
P/E (TTM)
14.2
EPS, diluted (TTM)
$4.74
Revenue (TTM)
$21.87B
Dividend yield
6.37%
52-week range
$54.70 – $77.06
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$21.11B$20.69B$20.50B$20.44B$20.14B
Gross profit$13.99B$14.25B$14.28B$14.37B$14.54B
Operating income$11.56B$11.92B$11.55B$11.24B$12.04B
Net income$2.48B$5.76B$8.13B$11.26B$6.95B
EPS (diluted)$1.34$3.19$4.57$6.54$4.11
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$5.34B$5.11B$4.52B$5.29B$5.25B$5.08B$5.43B$6.11B
Net income$2.29B$3.04B$1.08B$2.38B$2.38B$1.12B$2.18B$2.30B
EPS (diluted)$1.34$1.79$0.63$1.41$1.41$0.66$1.30$1.37
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$8.40B$8.26B$9.29B$8.75B$9.29B
Capital expenditure-$169.0M-$205.0M-$196.0M-$142.0M-$216.0M
Free cash flow$8.24B$8.05B$9.09B$8.61B$9.07B
Dividends paid-$6.45B-$6.60B-$6.78B-$6.84B-$6.96B
Net share buybacks-$1.68B-$1.82B-$1.00B-$3.40B-$1.00B

Cash outflows are shown as negative numbers.

Cash and short-term investments
$2.37B
Total assets
$33.37B
Total liabilities
$35.99B
Total debt
$24.58B
Net debt
$22.21B
Shareholders’ equity
-$2.67B

As of Jun 30, 2026 (filed Jul 30, 2026).

Dividends

Ex-dateAmountPaid
Sep 15, 2026$1.11Oct 9, 2026
Jun 15, 2026$1.06Jul 10, 2026
Mar 25, 2026$1.06Apr 30, 2026
Dec 26, 2025$1.06Jan 9, 2026
Sep 15, 2025$1.06Oct 10, 2025
Jun 16, 2025$1.02Jul 10, 2025
Mar 25, 2025$1.02Apr 30, 2025
Dec 26, 2024$1.02Jan 10, 2025

Short interest

Shares sold short
39,038,757
Days to cover
4.85
Change vs previous report
-6.1%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Apr 11, 1997
3-for-1
Oct 11, 1989
4-for-1
Apr 11, 1986
2-for-1
Jun 1, 1979
2-for-1
Jun 3, 1974
2-for-1